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Sold on 03/02/2024
  • Exterior
  • Other
  • Living
  • Kitchen
  • Bedroom
  • Bath
  • View/Area

498 Velma, Owosso, MI 48867

$271,000

Last sold 03/02/2024 for $250K

  • 3

    bed

  • 2

    bath

  • 1,752

    Sqft ($143/Sqft)

House not for sale

About 498 Velma

Property type House
Neighborhood
Year built 1959
HOA fee $0/month
Lot size 0.7 Acre
Movoto estimate
Parking 3 garage spaces
Property description
Three bedroom, two bath ranch on 0.7 acre just outside of the city limits on a low traffic dead end street, yet close to town and walking distance to schools with the benefit of public water/sewer, natural gas, high-speed internet and cable, and still has lower township taxes. Large attached 2.5 car garage is deep and has workshop space, and room for a 3rd vehicle. Plus 24x32 pole barn with concrete floor and electricity. Spacious main floor laundry room. Large living room with cove ceilings. Sunroom with vaulted ceiling, gas fireplace overlooks the park-like setting with deck and firepit for hours of outdoor enjoyment. Sales includes 2nd parcel #007-07-300-016.
Listed by
Listing Agent - Morgan Beilfuss
Listing Office - The Home Office Realty LLC
Source: MiRealSource, Inc mls logo
MLS#50133435 • last updated 2 years ago
Movoto checked MiRealSource, Inc for data 5 minutes ago
Overview
Cooling/AC Central A/C
Heating Forced Air, Natural Gas
Levels/Style Ranch
Status Closed
Type Single Family
SqFt (Finished) 2252
Lot Size (Acres) 0.7
Total Tax Amount 2275
Originating MLS East Central Association Of REALTORS
Year Built 500, 1959
Interior
# Full Baths 2
Main Floor Full Bath Yes
Basement Yes
# Fireplaces No
Interior Features Hardwood Floors
Exterior
Other Structures Pole Barn
Foundation Basement
# Garage Spaces 2
# of Garage Spaces 2.5
Amenities / Utilities
Water Public Water
Sewer/ Septic Public Sanitary
Location
County Caledonia Twp (78004)
Subdivision Lyon Terrace
Multifamily Details
Unit 3 #: Bedrooms 15
Unit 3: SqFt 3
$271K
Range: $249K-$292K
Last 30 days 
  • Apr 2024
    Public Records
  • Apr 16, 2024 Sold
    $250,000
  • Apr 2024
    mls logo MLS # 50133435
  • Apr 10, 2024 Sold
    $250,000 (-3.8%)
  • Mar 2, 2024 Pending
    —
  • Feb 28, 2024 Back On Market
    —
  • Feb 21, 2024 Pending
    —
  • Feb 13, 2024 Listed
    $259,900 (+4.0%)
  • Feb 2024
    mls logo MLS # 5050133435
  • Feb 13, 2024 Listed
    $259,900
  • Sep 2023
    mls logo MLS # 20230063810
  • Sep 21, 2023 Price Change
    $250,000 (-3.8%)
  • Aug 21, 2023 Price Change
    $260,000 (-5.5%)
  • Aug 2, 2023 Listed
    $275,000 (+7.8%)
  • Aug 2023
    mls logo MLS # 60242787
  • Aug 2, 2023 Listed
    $275,000
  • Jun 2023
    Public Records
  • Jun 21, 2023 Sold
    $255,000
  • Year Property taxes Tax assessment
  • 2024
    $2,257 +7.2%
    $137,300 +13.75%
  • 2023
    $2,106 +5.1%
    $120,700 +16.73%
  • 2021
    $2,003 +0.6%
    $103,400 +8.16%
  • 2020
    $1,992
    $95,600
  • 498 Velma
    $250K
  • Caledonia Twp (78004)
    —
  • 48867
    $179K +9% y/y
  • Owosso
    $175K +6% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
502 Velma Ave, Owosso, MI 48867 $195,000 3/1 1,272 0.02
494 Velma Ave, Owosso, MI 48867 $205,000 3/1 1,360 0.02
495 Velma Ave, Owosso, MI 48867 $197,000 3/2 1,320 0.04
501 Velma Ave, Owosso, MI 48867 $200,000 3/1 1,320 0.04
490 Velma Ave, Owosso, MI 48867 $262,000 3/1 1,616 0.04
485 Velma Ave, Owosso, MI 48867 $207,000 3/1 1,402 0.06
1540 N Hickory Rd, Owosso, MI 48867 $145,000 2/1 762 0.07
421 E North St, Owosso, MI 48867 $198,000 3/1 1,248 0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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